The latest partnership news from AXA XL;
AXA XL’s UK & Lloyd’s business unit today announced a strategic partnership with Gecko Risk, an electric vehicle (EV) and new energy vehicle data platform, to deepen its understanding of the evolving risks associated with commercial EV fleets.
Through the partnership, AXA XL’s risk consultants and underwriters will gain access to data-driven insights into EV risk profiles, helping them provide more informed support to clients and brokers as EV adoption accelerates.
Poonam Jivram, Head of Motor Underwriting at AXA XL, UK & Lloyd’s, said: “EV car sales topped 20 million globally in 2025 and are expected to exceed 23 million in 2026, according to the International Energy Agency’s Global EV Outlook 2026. The growing number of EVs in commercial fleets means fleet operators are facing a risk landscape that is not only different, but also continuously changing.
“The UK government’s Zero Emission Vehicle mandate is expected to accelerate the adoption of electric vehicles across fleets. To ensure we continue to offer market-leading products, services and insight, we’re partnering with Gecko Risk, enabling us to support clients with decisions around fleet selection, claims costs and new risk exposures. This proactive approach enhances our capabilities and broadens our offering for brokers and clients navigating these emerging exposures.”
James Fisher, Chief Executive Officer at Gecko Risk, said: “We are delighted to be partnering with AXA XL. AXA XL’s expertise and approach to risk align closely with our own ambition to use data to help insurers make better, more informed decisions. We look forward to working together and delivering value through this partnership.”
Gecko Risk supports insurers and other industry stakeholders in assessing EV-related risks through advanced data analysis. Its dashboards offer visibility into areas including claims frequency and severity, vehicle make and model trends, and patterns of EV exposure, helping insurers improve underwriting decisions and risk management strategies.
Be the first to comment